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GST slaps a fine of INR 115.86 crore on IndiGo

Summary by Mathrubhumi

The GST authorities have imposed a penalty amounting to INR 115.86 crore on Interglobe Aviation Pvt Ltd, the parent company of IndiGo. The following is ...

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victimlaw.info

IndiGo parent InterGlobe Aviation receives two GST requests totaling ₹116 crore – Victim Law

The parent business of budget carrier IndiGo, InterGlobe Aviation Ltd, has been fined ₹115.87 crore by the GST authorities. The fines assessed were ₹113.02 crore by the Additional Commissioner of Central Goods & Service Tax — Delhi South Commissionerate and ₹2.84 crore by the Joint Commissioner of GST & Central Excise – Chennai South – Tamil Nadu. The infractions, according to the authorities, are principally connected to the imposition of GST…

17 days ago

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ODISHA BYTES

IndiGo’s Parent Company InterGlobe Aviation Slapped GST Penalties Totalling Rs 116 Crore

Mumbai: InterGlobe Aviation Ltd, the parent company of IndiGo, has been hit with penalties totalling ₹115.84 crore by GST authorities. Of the total amount, ₹113 crore was imposed by the additional commissioner of Central Goods and Service Tax (GST) in Delhi’s South Commissionerate. This penalty was related to GST on services provided to offshore recipients, which the authorities did not consider as an export of services. As a result, input tax c…

17 days ago

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Mathrubhumi

GST slaps a fine of INR 115.86 crore on IndiGo

The GST authorities have imposed a penalty amounting to INR 115.86 crore on Interglobe Aviation Pvt Ltd, the parent company of IndiGo. The following is ...

17 days ago·Kerala, India

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NewsDrum

GST authorities impose Rs 115.86 cr penalties on IndiGo

Mumbai, Feb 5 (PTI) GST authorities have imposed penalties totalling Rs 115.86 crore on IndiGo, the airline said in a regulatory filing on Wednesday. According to the filing, the penalty order was passed on February 4. Of this, Rs 113.02 crore pertains to services provided to offshore recipients, which the goods and services tax (GST) authorities did not consider as "export of services", and denied input tax credit on certain services for FY18, …

18 days ago

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NDTV Profit

IndiGo Parent Gets GST Demand Order Of Rs 116 Crore

IndiGo parent InterGlobe Aviation Ltd. on Wednesday said that it has received GST demand orders totalling Rs 116 crore. The amount includes penalties from the additional commissioner of the Central Goods and Service Tax in Delhi’s South Commissionerate, as well as from the joint commissioner of GST and Central Excise, Chennai South, according to an exchange filing. The Delhi additional commissioner has levied a penalty of Rs 113 crore. The depar…

18 days ago

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